feet flrst ••. Worldwide FINANCIAL ACCOUNTS FOR YEAR ENDED 31ST MARCH 2024 Company Registration Number 05474694 Charity Number 1112464 1) 4CC UNT ANIS Chartered AceouDtaDts & Registered Audltors 15 Olympic Court Boardmans Way Whitehills Business Park BlackiM)ol FY4 5GU
FEET FIRST WORLDWIDE YEAR ENDED 31ST MARCH 2024 CONTENTS Page RqK)rt of the TnLSt¢¢s Independent Examinerfs Tetx)rt Statement of financial activities Balance Sheet Notes to the fllwicial stalements 10
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT feet •' flrst YEAR ENDED 31- MARCH 2024 Worldwide Report of the tThStee$ for the year endkng 31 March 2024 The trustees, who are directots for the purposes of company law, present the annual report together with the financial statements and independent examiner's report of the charltable company for the year ended 3 ISI March 2024. REFEREIYCE AND ADMINisfRATIVE DETAILS Registered name: Feet First Worldwide Workfing name: Feet Fit Charity number: 1112464 Company number: 5474694 Principal office: 23 Winderniere Road, Bla¢kpool. FY4 2BX Registered office: ¢Jo Horne B[ke Shenton Cfrartered Accountants 15 Olympic Court, BOardM Way, Whitehills Business ParK Black[1 FY4 5GU Accountants: Horne Brke Shenton Chartered Accountants 15 Olympic CourL BoaTdmans Way, Whitehills Business ParL Blackp(K>l FY4 5GU Bankers: Lloyds Bank plc, CoTEX)ration Stree( Blackpool. Dtrectors and Trnstees The directors of the charitable company (the cbaTity) are its trustces for the purw)se of charity law and throughout this report collectively referred to as the tnte¢s. The tTUStees serving duting the year and since the year end were as follows: Mr Clive Chenery Mrs Bernad¢tt¢ Huyton Mrs Daniella Carey Dr Allan Monks Mrs Caroline Gallagher Trustee Ttee Trustee Trustee Trustee Members Mr Stephen Mannion Ms Mercy Nkhalarnba Project DiTector Project Assistant Management and staff The Trustees and Members manag¢ the Charity on a day-to4lay basis. The Charity is an equal opportunities employer and at all times gives full and fair considetation to applications for employment made by disabled perSODS, having regard to their respective aptitud¢s atLd abilities.
FEET FIRST WORU)WIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31ST MARCH 2024 Publie benefit The tnte¢S have compli¢d with the duty in section 17(5) of th¢ 2011 CTrwities Act to have due regard to guidan¢¢ published by the Charity Commission on public b¢nefiL STRUCTURE. GOVERNANCE AND MANAGEMEIYT Governing document Fc¢t First Worldwidc was established in 2005 by the trustecs and became a company limited by guarantee obtaining Charitable Status in its own right immediately. The company is governed by its Memordndum and Articles of Association which set oui the objects and powers of the charitable company. In accordance with the Memorandum and Articles of A&SlatiOn the Trustres have the power to in add?tion to any expressly conferred to the trustees: exp¢nd the fimds of the charity in th¢ most beneficial way to achieve th¢ objectives and to invest in the name of the Charity such amounts as they see fit and to direct the sale or transfer of such investments and spend the proceeds in furtherance of the objects. enter into contrdcts on behalf of tbe Charity. Reernitment and pIntment of trustees and members The trustees may recon]mend any person willing to act as trustee who is ov¢r the age of 18 years and is not disqualified from actAng under the provisions of Article 31 of th¢ Memorandum and Articles of Association, to be appointed either to fill a vacancy or as an additional trustee. There is no maximum numbff of trustees. One third of the 1Thte¢S required to r¢tiTe and be reappointed by rotation at the annual gencra] meeting. OBJECTIVES AJYD ACTIVITIES The obJts and principal activities of the charity are: the improvement of orthopaedic and trauma services in hospithls of the developing world. to conduct training and educational initiatives in the field of orthopaedic and trauma surgery in the developing world. to undertakc and facilitate r¢s¢atch and audit activity in the field of orthopaedic and trauma surgery in tbe developing world. The main objectives and activiti¢s for the year continued again to f(KUS on the Sup& of ortbopacdic services in Malawi" to fund training initiatives and education in orthopaedics for locd medics and surgeons; and to raise awar¢ness of the c]wity with the general public, through mtheting and networking to increas¢ funding through donations.
FEET FIRST WORU)WIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS, PERFORMAI¥CE AND PLANS FOR FUTURE PERIODS ? (.)- Fcet First Worldwid¢ was founded in 2(M)4 by Blackpool Consultsnt Orthopaedic & Trduma Surgeon Mr. Steve Mannion, with the aim of rdising money to fimd orthopaedic education and Irdining in th¢ 1th8 developed worl with a focus on improved club foot treattn¢nt in cbildren. The aims of th¢ chaTity in PTevenling and correcting clubfoot in Malawi have been: that every child born with clubfoot should be diagnosed at birth and have access to treaimenL and an associated course of surgical tr¢a1ment wi]] also be provided for existing neglectal cases In order to achieve this. education of local SUTgcoDs was necessary i.e training them to teach th¢ methods ud to coffect clubfoot and setting up dedicated clubfoot clinics in each district hospital. As the provision of Clubfoot services increased in Malawi more children with the condition have been recognised at birth and treated, by local staff and by the Ponseti method. in the first few months of life. This h&s sUlted in fewer lat¢ presenting"neglected" cases which typically rely on surgery to obtsin correction. In view of this the Feet First visiting surgical teams have been able to focus on wider aspects of paediatric musculoskeletal disability including polylsyndactyly, the correction of genu vajgum / varum (knock / bow Icgs), bone and joint infection and paediatric trauma orthopaedics. Although the twn concentrate on paediatric orthopadic conditions they will also treat any emergency / urgent adult cas¢s which present in the course of the visits. Feet First currently undwtake 4 x 2-3 week project visits to Malawi every y¢ar. Over recent years the focus has been on the distri¢t hospitals of the remote Northern Region of Malawi who do not Twelve any oth¢r orthopaedic visitor teams. On a l)yical mission two district hospitals will be visited for I week each. On the first day of each wc¢k a clinic is undertak¢n from which cases are selectd to be operated upon of the course of the next 45 days. Usually 30-50 operations aff undertaken in lh¢ course of a 2 week visiL The Feet First visiting t¢am usually consists of a consultant orthopaedic surgeon, a consultant anaesthetisL a senior theatre scrub nurse and a s¢nior operdting department practitioner (ODP). There may also be a senioT Orthopaedic surgical trainee and l or another clinician (nurse / paramedic I radiographer / physio). Suc¢e&sful projects in Malawi funded by Feet First Worldwide are undutaken by the UK volunteers. together with medical staff residcnt in Malawi, who have been trained by the charity ID ffcent years. Consultant surgical volunteers include Mr Siq)hen Mannion, Mr Ashtin Doorgakant and Dr Alberto Gr¢gori. In lernls of nationa] Malawian staff the t¢ams are usually accompanied by Mr Mabvuto Chawing4 orthopa¢di¢ wordinator from the Malawi Ministy of Health and, for training / mentOTing PUTposes by a junior Malawian orthopaedic surgeon. The tcam works closely with local clinicians from the District Hospith]. including Orthopaedic Clinical Officers {OCOs). Ana¢sthetic Clinical Officers (ACOS), nursitig staff and others. Once the Feet First Team hav¢ l¢ft at the county at the end of their visiL there remains a network of services through which advic¢ can be offered I referral madc in the event of any complications arising. Th¢ Feet First Team themselves can also be contacted by phone or by on-line conferencing With 4 visits per year the following team ar¢ abl¢ to review & feedback on the cascs operated un by the preccding teams.
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31ST MARCH 2024 Following the extended impact of the Coronavirus (Covid-19) pandmic, the charity was able to return to a full st progran]m¢ of projects in the year ended 3 1st March 2023, whicb continued throughout the year ended 31 Mawh 2024. As in previous years, the projects aim to continue to develop the ongoing training of the local surgeons in the methods used in the correction of club foot and other paediatric mu%uloskeletal deforn]ities, to enabl¢ the necessary local ongoing treattnent against these defozTnities. Yfj- Success stories Along with the treatment of children with club fooL some of the success stories from other work conducted by the charity in recent years are: Delivered a multidisciplinary training course in hospitals in 3 different locations, in cerebral palsy and supplied the att¢ndees with a 47 page manual. Clinical workers wer¢ given trdining in methods of easing the effects of c¢rebrdl palsy using vaTiOUS equipmcnt and tools provided. Tl}nIC1aS were given training so that this equipment and thes¢ tools may be constructed locally. Wod(ed alongside loral healthcare workers to evaluat¢ and recommend trlmellt and intervention for ncarly 40 cerebral palsy children and assisted with the diagnosis and treatment of children in all 3 centres who had been presenting diagnostic and therapeutic challenges. Perfonned surgery on 18 injured in a road a¢cidenL Id¢ntified individuals who may benefit from specific targctd further training in the UK. Ov¢r 20 years wfornied surgery on over 21K)O MalawiaD patients
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31ST MARCH 2024 Provided continuing medical education and on-the-job trdining for junior Malawian doctOTS, OCOS, ACOS. theatre and nursing staff Helped facilitate essential orthopaedic equipmcnt for the Malawian Hospita]s visited ( oscillating plaster saws, fracture fixation equipm¢nL C-arni X-rdy in theatre) Kentoivn Wizard FoundatioD The Kentown Wizard Foundation has bc¢n supporting Feet First since 2017, with grants totslling £340,200, which enabled F¢¢t First to incr$¢ the Malawi projects significantly before the Covid pandemic, allowing for more children to be treated and also for rnore local medics to be trained. This local training a]so then allowed for a reduced level continuance of the projects by the local clinicians throughout the pandemic, and a to usual level services with up to four visits p¢r year since trav¢1 Testrictions were lified. The grants rrfeived from KentoTr Wizard Foundation also a]lowed for two new medical vehicles to be purchased in the year ended 3 1st March 2019 in order to access remote villages and transport patients to the hospital. Kentown , FOUNDATION FINANCIAL REVIEW Results The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements. Unrestricted incoming resources for the year ended 3 1st March 2024 totalled £6.461. UnrestTi¢ted net income in the year amounted to £1,603, Tesulting in an utUEstricted funds position of £8,646 at the year end 315¢ March 2024. Restricted income of £75,2¢ was received in the y¢£r from Kentown WiLqrd Foundation, with expenditure in the year amounting to £32,752, relating to projects in MaIawi which are fund¢d by the grants received from K¢ntown Wizard Foundation. Funds carried forward at the year end date stand at £76,460, of which £67,814 is restricted funds and £392 is unrestricted red assets. resulting in £8,254 of unrestsicted free funds at the year end date. Reserves policy The ChaTity currently operdt¢s a r&8erves poliry, which aill to increase unrestrict¢d reserves to an average level of one year's expenditUT¢. in th¢ region of £30,000, to enable the Clwity to Irmain operational thould there be an unexpected fall in donations Teceiv¢d or any other unforcen occurrence.
FEET FIRST WORLDWIDE TRUSTEES ANNUAL REPORT YEAR ENDED 31Sf MARCH 2024 RESPONSIBILITIES OF THE TRUSTEES The charity trustees (who are also the directors of Feet First Worldwide for the purposes of company law) are responsible for preparing a trustees, annual report and fjnancial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Gcnerally Accepted Accounting Pta¢tice) and applicable law and regulations. Company law and the law applicabl¢ to charities in England and Wales requires the charity trSte¢S to prepare fancial statements foT eA¢h financia] y¢ar. Under company law the trustees must not approve th¢ fmancial statements unless they are satisfid that they give a inie and fair vi¢w of the state ofaffairs of the charitable company and of its incoming resources and application of re%)u, including its income and expenditLwe. foT that period. In prepaTing the financial statements, the tn]stees are requir¢d to." Selt suitable accounting policies and tben apply them co81StentIy. observe the rnethods and principles in the CkMriti&8 SORP. make judgements and estimates that are reasonable and prudenL state whether applicable UK accounting standards have been followe(L subject to any material d¢partures disclosed and explain in the financial statements. and Prw the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busine& The trustees are responsi1¢ for keeping adequate accounting records that are sufficient t() show and explain the charitable company's transactions and disclose with reasonabl¢ accuracy at any time the financial position of the charitable company and enable them to ensure that the financial ststements con]ply with the Companies Act 2006. They are also responsible for safeguarding the a&s¢ts of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and Oth iegUlaTIties. Registered office: Signed by order of th¢ Trustees clo Home Brooke Shenton 15 Olympic Court Boardmans Way Whitebills Business Park Blackp1 FY4 5GU Mr e, Che Trust Approved by the tnistees on ..
FEET FIRST WORLDWIDE INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES YEAR ENDED 31ST MARCH 2024 I report to the clwity trustees on my examination of the accounts of the company for the year ended 3 1st March 2024, which are set out on pag¢s 8 to 15. Respon$ibllfitles and basis of report As the charity's trustees of the company (and a]so its directors for the PUTposes of company law) you are responsible for the pr¢paration of the accounts in accordance with the requiTcments of the Companies Act 2(X)6 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of th¢ 2006 Act and arc cligible for indq)¢ndent examinatio I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the '201 l Act,). In canying out my cxamination I have followed the Directions given by the Charity C0nllnS10n under section 145(5)(b) of the 201 l Act. Independent examiner's report I have completed my examination. I confirn) that no matters have come to my attention in connection with the examination giving me caus¢ to believe: (l) a¢cowiting records were not kept in Tespect of the company as require{] by section 386 of the 2006 Act. or (2) the accounts do not accord with those accounting records: or (3) th¢ accounts do not Comply with thc accounting requirem¢nts of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered a8 part of an independent examination. or (4) the accounts have not been prepad in accordance with the methods and principles of the Statement of Recommended PTactice for accounting and reporting by charities [applicabl¢ to charities prq)aring their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS 102)]. I have no concerns and have com¢ across no other matters in connection with the examination to which attention should b¢ drawn in this Teport in order to cnable a proper undastanding of th¢ CoUnts to be reached. 15 Olympic Court Boardmans Way Whit¢hills Business Park Blackpool FY4 5GU Deborah Walsh BA FCA For and on behalf of HORNE BROOKE SHEKfoN Chartered Accounlants 19° December 2024
FEET FIRST WORLDWIDE STATEME[ OF FINANCIAL AcfiviTIES ONCLUDING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31ST MARCH 2024 Unrestricted Restricted FuDds Funds otsl Fund5 2024 Tot81 Funds 2023 Note INCOME FROM: Donations and legacies Charitable activities Other trading activities Investments Other 6.461 6,461 75,2Crf) 8,112 2,000 75.200 TOTAL 6,461 7531)0 81,661 10,112 EXPENDrruRE ON: Raising funds Charitable activities 834 4,024 834 36,776 216 57,652 31752 TOTAL 4,858 34752 37,610 57868 ET INCOME I (EXPENDITURE) 1,603 42,448 44,051 ( 47,756) TRANSFERS BKfwEEN FUNDS NET MOVEMENf IN FUNDS 1,603 42.448 44.051 ( 47,756) RECONCILIATION OF FUNDS Total fimds brought fonyard 7,043 25,366 32,409 80,165 Totsl funds CrIed forward 12 67014 76,460 32,409 The statement of financial aclivities includes all gains and losses recognised in the year. All income and expenditure derives from Continuing activities. The notes onpages io ts 15fornipart ofiknefinancialstalements
FEET FIRST WORLDWIDE BALANCE SHEET 31ST MARCH 2024 Note 2024 2023 FIXED ASSETS Tangible a&sets 28,202 37,603 CURRENT ASSETS Debtors Cash at bank and in hand 954 53,455 54,409 612 1.345 1,957 LIABILITIES Creditors: Amounts falling due within one year 6.151 7,151 NET CURREKf ASSETS 48258 TOTAL ASSETS LESS CURRENT LIABILITIES 76,460 32,409 TOTAL NET ASSETS 76,460 THE FUNDS OF THE CHARrrY: Restricted income funds UDre$trlcted hnds 67,814 25,366 7,043 13 76,460 32,409 For the financial year ended 31 Mar¢h 2024. the company was entitlcd to exemption from audit under section 477 of the compani Act 21Th relating to small companies. Directors, rcsponsibilities: - The members have not required the MpanY to obtain an audit of its accounts for the year in question in accordallce with section 476. and - The directors acknowledge their responsibilities for complying with the requirements of the A¢1 with respect to accounting records and the PraratIOn of accounts. These financial statements have been prepared in accordance with the special proTrisions relating to companies subject to the small companies r¢wie and in accordance with FRS102 SORP. Iq.].IzI24.. and These financial Statements were approved by the tM)ard of trusiees on .. behalf by: are signed on their
FEET FIRST WORLDWIDE NOTES TO THE FIIYANCJAL STATEMENTS YEAR ENDED 31ST MARCH 2024 I ACCOUNTING POLICILS The principal accounting policies adopteiljudgements and key SOUTces of estinmtion uncertainty in the preparation of the fmancial statements are as follows: Basis of aceounting These accounts have been prepared under the historical cost ¢onvention with items Tecognised at cost or transaction value unless otherwise stat•1 in the Televant note these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelalld (FRS 102) issued on 16 July 2014" and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). and with the Charities Act 2011. Company status The charity is a company limited by guarante¢ and has no slwe capital. tn the event of being wound up. the liability in respect of the guarantee is Jimited to £nil p¢r member of the charity. The menkn ofthe company are the tn DaDd on page l. Going concern The fllwicial statements have been prepared on a going concern b&8iS. Fulld accounting General fimds are unrestricted funds which are available for use at the discretion of the Inte¢S in furtherance of the general ObJtiveS of the charity and which have not been designated for other purposes. Restricted funds are funds whi¢h are to be used in accordance with specific restrictions inwsed by donors or which have been raised by the charity for particular purposes. The cost of rdising and administering such funds are charged against the specific fimd. Inconjing resources Incoming resources from clmritable activities are repTesented by way of received and lecture fees All incoming resources are included in the Statement of Financial A¢tivitie5 when the ¢Plty is legally entitled to the income and the amount can be quantified with reasonable accurncy. Inconle is accounted for as thi¢ for the period. Interest recelv•ble Interest on funds held on deposit is in¢luded when receivable and the amount Can be Meas reliably by the charity. this is nonnally upon notification of the interest paid OT payable by the bank 10
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 I ACCOUNTII¥C POLICIES (continued) Costs of eharltable activities Expenditure is recognised once there is a legal or constTUCtive obligation to make a payment to a third paty, it is probable tbat settlement will be required and the amount of the obligation can be measured reliably. Costs of rdising funds con]PTise the costs of generating incotne through donations, grants and fundraising. Costs of charitable activities includes all expenditure directly related to the advancement of medical education and training in the developing world under the objects of the clwity together with those costs associated with supporting these activities, including staff, estsblisl)ment and other overhead costs. These support costs ar¢ shown separately within the notes to these accounts. Support costs are those fimctions that assist the work of the charity. including olYi¢e costs. fu)¢¢ and governance costs. Thes¢ ¢osts have been allocated across the projects undertaken on charitable activiti¢s as set out in note 3. Flxed assets Individual fixed assets costing £5(10 or more are capitalised at cost and depreciated over their useful ewnomic lives. Depreciation Depreciation is calculated so as to write off the cost of an asseL less its estin)ated residual value, over the useful economic life of that asset as follows: Fixtur¢s and fittings Motor vehicles 25 % rething balance Assets which have been acquired from restricted income have been classified &s restricted assets. VAT The charity is not vat registered and all expenditure is stated gross of vaL 2 INCOME FROM DONATIONS Dollatlons and legaeies Unrestrlcted Restrlcted Funds Funds Totsl Funds 2024 Total Funds 2023 Donations 6,461 6.461 6,461 6.461 8,112 8,112 3 INCOME FROM CHAIUTABLE ACTIVITIES Unrestricted Restricted Funds Funds Totsl Funds 2024 Totsl Funds 2023 Grants received Lecture fees Total inconK from charitable activiti 75,2(X) 75,200 2,000 75,21KI 75.200 2,000 11
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 4 ANALYSIS OF EXPENDITURE ON CIIARfrABLE ACTIVITIES Kentown Wlyard FouDdation General Malawi Malawi Conference Costs Costs Costs Total Funds 2024 Total Funds 2023 Provision of charitable servlces: Pmvision of facilities for the advancement of nKdical education and training in th¢ developing world Flights Travel and transport costs Hotels. accomodation and subsistence Telephone Medical Council registration fees Other direct charitable costs Donations paid Support costs Administration costs Administrative and project Covordination services Other expenses Depreciation Governance costs Independent examination fees Other accountao¢y fees Bookkeeping and secretarial services 4,396 5,601 2,672 17 569 8.145 4,396 5,601 2,672 17 569 8,145 10,935 8,768 2,841 1,658 11,355 166 194 6,160 (94) 12,535 1,650 2,250 259 9,401 116 9270 143 120 450 450 900 2,400 900 2,400 12(K) Year ended 31st Mareh 2024 32,752 2020 1204 36,776 57,652 Year ended 31si March 2023 47,990 7.810 1,852 57,652 Funded by: Restricted funds Unrestricted funds 32,752 32,752 4,024 47,990 9,662 2,820 1,204 32,752 2,820 1204 36,776 57,652 12
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 5 NET INCOME I (EXPEIWITURE) FOR THE YEAR This is stated aft¢r charging: 2024 2023 Depreciation 9,401 12,535 6 TRUSTEE REMUNERATIOIY AND EXPENSES The charity tnteeS were not paid or received any other benefits from employment with the charity iti the year (2023: £nil) neither were they reimbursed expenses during the year (2023: £nil). No charity thtee received payinent for prof¢ssional or other services supplied to the charity (2023: £nil). 7 CORPORATION TAXATION Th¢ charity is exenipt from tsx on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that thes¢ are applied to its charitable objects. 8 FIXED ASSETS Motor Motor res, vehicles - vehicles- rittiDgs and restricted unrestrieted equipment Total Cost At 1st April 2023 Additions Disposals 111.029 17.141 5,441 133,611 At 3 1st March 2024 111,029 17,141 5,441 133,611 Depreciation At 1st April 2023 Charge for year Relating to disposals 73,949 9,270 16,837 76 5,222 55 96.008 9.401 At 3 1st March 2024 83,219 16,913 5,277 105,409 Net book value 31st mCh 2024 27,810 228 164 28302 Net book value 31st March 2023 37,080 304 219 37,603 All assets are for dir¢¢t charitablc PUTposes. 13
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 9 DEBTORS 2024 2023 Prepayments Accru¢d income 342 612 954 612 612 10 CREDrroRS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors Accrnals and defera income 2.851 3,300 6.151 3,851 3,300 7.151 11 RELATED PARTY TRANSACTIONS No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities. Balances held at the year end in respect of related parties are as follows: 2024 2023 Included Ivitbin other creditors Mr. SJ MaDnion 2,851 2,851 3,851 These liabilities are unsecured and have no fixed repayment date. 12 ANALYSIS OF CHARITABLE FUNDS Anxlysb of movements in funds Transfers behveen funds Balan¢¢ at l April 2023 Funds at 31 March 2024 Income Expenditure Unrestrlcted funds Gencral fund 8,646 Restrlctsd funds Malawi project- Kentown Wi7ard Foundation Sierra Leone project 23.910 1,456 25,366 752(KJ (32.752) 66,358 1,456 67,814 752(XJ 32,752 32,409 81,661 (37,610) 76,460 14
FEET FIRST WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 13 ANALYSIS OF NET ASSETS BETWEEN RESTRICTED AND UNRESTRICTED FUNDS Unrestrieted Restricted funds funds Total Tangible fed assets Cash at bat& and in hand Other net assets / 'abIlItieS) 392 13,451 (5,197) 27.810 40.004 28.202 53,455 (5,197) 8,646 67.814 76,460 14 COMPANY LIMrrED BY GUARANTEE The company is limited by guarantee. 15